Thursday, February 09, 2012

Good News for Homebuyers and Sellers

Dave Liniger, RE/MAX Co-founder sees good news in 2012 for homebuyers and sellers.
In his top 10 predictions for the coming year, Dave says we’ll see:
1. Continued low interest rates
2. Home prices stabilizing and starting to rise
3. Increasing numbers of home sales
4. Rising inventories, mostly due to increased foreclosures
5. Distressed properties will make up about half of all sales
6. An improved Short Sale process to help avoid foreclosure
7. Homeownership rates continue to fall
8. Foreign and domestic investors will buy 25% of homes
9. Increasing reliance on real estate agents
10. Increased use of Mobile and Social technologies







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